Prodware (XPAR:ALPRO) ROCE % : 19.07% (As of Dec. 2023)

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What is Prodware ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Prodware's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.07%.

Prodware ROCE % Historical Data

The historical data trend for Prodware's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prodware ROCE % Chart

Prodware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.49

5.06

-21.83

11.49

15.33

Prodware Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-42.04	7.99	14.95	12.37	19.07

Prodware ROCE % Calculation

Prodware's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	44.404	/	( ( (352.334 - 97.599)	+	(589.786 - 265.266) )	/ 2 )
	=	44.404	/	( (254.735	+	324.52)	/ 2 )
	=	44.404	/	289.6275
	=	15.33 %

Prodware's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	56.496	/	( ( (405.121 - 137.271)	+	(589.786 - 265.266) )	/ 2 )
	=	56.496	/	( ( 267.85	+	324.52 )	/ 2 )
	=	56.496	/	296.185
	=	19.07 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Prodware (XPAR:ALPRO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Prodware ROCE % Related Terms

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Prodware (XPAR:ALPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Prodware SA (XPAR:ALPRO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9S6:Germany

Address

45 quai de Seine, Paris, FRA, 75019

Website

http://www.prodware.fr

Prodware SA is a France-based company that specializes in providing computer and information technology integration services for small and medium-sized companies. The services provided by the company include Deployment Methodology, Managed Services, Delivery Excellence Center, Training & Learning, Hosted Solutions and Prodware Business Consulting among others.

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